Discover how to optimize your cloud costs through governance and collaboration.

Cloud Cost Management

Understand How Much Cloud Is Costing You

Cloud cost management is the top cloud initiative for 2018, and yet enterprises are often unaware that they are wasting 35 percent of their cloud spend. Because control of cloud accounts is decentralized, many companies are challenged to pinpoint where waste is occurring and how to eliminate it on an ongoing basis. With RightScale Optima, you can identify exactly how much you are spending and where and how you can eliminate waste.

Key Areas Where You Can Cut Cloud Costs

Based on data from helping our customers optimize their cloud spend, we’ve found that:

Enterprises run instances 24x7: There is clear evidence that enterprises continue to run the majority of instances 24x7, which can be a source of waste. On average, we found only 31 percent variability between the highest and lowest number of instances running over a month. Enterprises should implement auto-scaling for production workloads as well as automated scheduling for development environments to run only during working hours or when needed.

Instances are over-provisioned: 39 percent of instance spend is on VMs that are running at under 40 percent of CPU and memory utilization, with the majority of those running under 20 percent utilization. This represents an opportunity to downsize and significantly reduce costs.